Washington Federal, Inc. operates as the bank holding company for Washington Federal Bank, National Association that provides lending, depository, insurance, and other banking services in the United States. The company accepts deposit products, including business and personal checking accounts, and term certificates of deposit, as well as money market accounts and passbook savings accounts. It also provides single-family residential, construction, land acquisition and development, consumer lot, multi-family residential, commercial and industrial, commercial real estate, home equity, and consumer loans. In addition, the company offers insurance brokerage services, such as individual and business insurance policies to customers and general public; holds and markets real estate properties; mobile and internet banking services; debit and credit cards; and acts as trustee. It serves consumers, mid-sized and large businesses, and owners and developers of commercial real estate. As of September 30, 2020, the company had 234 branches located in Washington, Oregon, Idaho, Arizona, Utah, Nevada, New Mexico, and Texas. Washington Federal, Inc. was founded in 1917 and is headquartered in Seattle, Washington.
IPO Year:
Exchange: NASDAQ
Website: wafdbank.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/6/2025 | $35.00 → $32.00 | Buy → Neutral | DA Davidson |
| 10/21/2024 | $40.00 | Outperform → Mkt Perform | Keefe Bruyette |
| 12/8/2023 | $32.00 | Equal-Weight | Stephens |
| 3/15/2022 | $43.00 | Neutral → Buy | DA Davidson |
DA Davidson downgraded WaFd, Inc. from Buy to Neutral and set a new price target of $32.00 from $35.00 previously
Keefe Bruyette downgraded WaFd, Inc. from Outperform to Mkt Perform and set a new price target of $40.00
Stephens initiated coverage of WaFd, Inc. with a rating of Equal-Weight and set a new price target of $32.00
DA Davidson upgraded Wash. Federal from Neutral to Buy and set a new price target of $43.00
11-K - WAFD INC (0000936528) (Filer)
8-K - WAFD INC (0000936528) (Filer)
8-K - WAFD INC (0000936528) (Filer)
10-Q - WAFD INC (0000936528) (Filer)
8-K - WAFD INC (0000936528) (Filer)
8-K - WAFD INC (0000936528) (Filer)
S-8 - WAFD INC (0000936528) (Filer)
8-K - WAFD INC (0000936528) (Filer)
8-K - WAFD INC (0000936528) (Filer)
8-K - WAFD INC (0000936528) (Filer)
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4 - WAFD INC (0000936528) (Issuer)
4 - WAFD INC (0000936528) (Issuer)
4 - WAFD INC (0000936528) (Issuer)
4 - WAFD INC (0000936528) (Issuer)
4 - WAFD INC (0000936528) (Issuer)
4 - WAFD INC (0000936528) (Issuer)
Today, the Board of Directors of WaFd, Inc. (NASDAQ:WAFD) (the "Company"), announced a regular quarterly cash dividend of 27 cents per share. The dividend will be paid June 6, 2025, to common shareholders of record as of May 23, 2025. This will be the Company's 169th consecutive quarterly cash dividend. WaFd, Inc. is the parent company of Washington Federal Bank, a federally insured Washington state chartered commercial bank dba WaFd Bank that operates branches in Washington, Oregon, Idaho, Utah, Nevada, Arizona, Texas, New Mexico, and California. Established in 1917, the bank provides consumer and commercial deposit accounts, financing for small- to middle-market businesses, commercial re
WaFd, Inc. (NASDAQ:WAFD): Q2 Highlights $56 Million $0.65 0.82% 7.68% Net Income Diluted Earnings per Common Share Return on Average Assets Return on Average Common Equity "In the second quarter of fiscal 2025 our margin bounced back, expenses declined, and bottom-line results improved for shareholders. We are enthusiastic about the shift toward business banking we implemented last quarter and are pleased to see early successes including 382 new small business loans originated through our branches (compared to none in the prior quarter), merchant processing referrals increasing 125% on a linked quarter basis, and our in
Today, the Board of Directors of WaFd, Inc. (NASDAQ:WAFD) (the "Company"), announced an increase to the regular quarterly cash dividend to 27 cents per share. The dividend will be paid March 7, 2025, to common shareholders of record as of February 21, 2025. This will be the Company's 168th consecutive quarterly cash dividend. WaFd, Inc. is the parent company of Washington Federal Bank, a federally insured Washington state chartered commercial bank dba WaFd Bank that operates branches in Washington, Oregon, Idaho, Utah, Nevada, Arizona, Texas, New Mexico, and California. Established in 1917, the bank provides consumer and commercial deposit accounts, financing for small- to middle-market b
Solaris Energy Infrastructure, Inc. (NYSE:SEI) ("Solaris" or the "Company") announced today that Mr. Max Yzaguirre has been named as an independent member of the Company's Board of Directors (the "Board"), effective January 30, 2025. With the addition of Mr. Yzaguirre, the Board is now composed of 10 members. "We are pleased to welcome Max to our Board and look forward to the value he will bring Solaris," said Bill Zartler, Solaris Chairman and Chief Executive Officer. "His experience developing energy and power related projects as well as his former roles as Chairman of the Texas Public Utility Commission and an ERCOT Board Member will provide unique insight to Solaris as we continue to
WaFd, Inc. (NASDAQ:WAFD): Q1 Highlights $47 Million $0.54 0.69% 6.42% Net Income Diluted Earnings per Common Share Return on Average Assets Return on Average Common Equity Net Interest Income and NIM $155 million net interest income for the quarter compared to $173 million in Q4 FY24. Net interest margin at 2.39% for the quarter compared to 2.62% for Q4 FY24. Credit Quality Non-performing assets at 0.3% of total assets - similar to prior quarter. No provision booked for the quarter and NCOs were minimal.
Today, WaFd, Inc. (NASDAQ:WAFD) (the "Company"), and Washington Federal Bank ("WaFd Bank"), its bank subsidiary announces that it will be the official banking partner for the purpose-driven digital commerce platform, the Network of Giving, launched initially in the Seattle market. This will fuel merchant-funded micro-donations to critical community service agencies to support our neighbors in need. The Network of Giving is designed to empower people to foster giving through everyday actions and works as a low-barrier means to support cause-related initiatives, creating efficiencies in digital fundraising. "Impacting small, local businesses that are the backbone of our community, the Net
Today, the Board of Directors of WaFd, Inc. (NASDAQ:WAFD) (the "Company"), announced a regular cash dividend of 26 cents per share. The dividend will be paid December 6, 2024, to common shareholders of record as of November 22, 2024. This will be the Company's 167th consecutive quarterly cash dividend. WaFd, Inc. is the parent company of Washington Federal Bank, a federally insured Washington state chartered commercial bank dba WaFd Bank that operates branches in Washington, Oregon, Idaho, Utah, Nevada, Arizona, Texas, New Mexico, and California. Established in 1917, the bank provides consumer and commercial deposit accounts, financing for small- to middle-market businesses, commercial re
2024 Highlights Net Income was $200 million or $2.50 per diluted share for fiscal 2024 compared to $257 million or $3.72 per diluted share for 2023. The year included the acquisition of California-based Luther Burbank Corporation which added $7.7 billion in assets and resulted in acquisition-related expenses of $26 million. The Company completed the sales of $2.8 billion in multifamily loans and $0.4 billion in single family loans obtained in the acquisition. Loans receivable increased $3.4 billion, or 19.7%, during 2024. Deposits increased $5.3 billion or 33.0% during 2024. During the year, the Company repurchased 1,070,207 shares of common stock at a weighted average price of
KBRA assigns a senior unsecured debt rating of BBB+, a subordinated debt rating of BBB, a preferred shares rating of BBB-, and a short-term debt rating of K2 to Seattle, Washington-based WaFd, Inc. (NASDAQ:WAFD) ("the company"). In addition, KBRA assigns deposit and senior unsecured debt ratings of A-, a subordinated debt rating of BBB+, and short-term deposit and debt ratings of K2 to its main subsidiary, Washington Federal Bank ("WaFd Bank" or "the bank"). The Outlook for all long-term ratings is Stable. The ratings are supported by WAFD's consistently favorable operating results over a long period of time; performance that has benefitted from its high quality and long-tenured managemen
Today, Kroll Bond Rating Agency ("KBRA") issued a press release assigning ratings to WaFd, Inc. (NASDAQ:WAFD) (the "Company"), and Washington Federal Bank ("WaFd Bank"), its bank subsidiary. KBRA has assigned a senior unsecured debt rating of BBB+, a subordinated debt rating of BBB, a preferred shares rating of BBB-, and a short-term debt rating of K2 to WaFd, Inc. In addition, KBRA assigned deposit and senior unsecured debt ratings of A-, a subordinated debt rating of BBB+, and short-term deposit and debt ratings of K2 to WaFd Bank. The Outlook for all long-term ratings is stable. KBRA believes WaFd's credit risks remain lower than average as its residential mortgage and multifamily port